What a privilege it was to host @Gautam__Baid for my first ever Twitter Spaces event along with @dadalife369 and @Finvents.

While we wait for the YouTube recording. Here are 8 of my biggest takeaways from today's session.

#investing

1 - Start by coming up with a portfolio allocation strategy based on your aims and objectives for investing. Include flexibility, tracking and rebalancing as part of your strategy.
2 - Learn from those who succeeded before you to ultimately develop your own investing style

Here are three books that influence @Gautam__Baid's investing style - They are some of the best books in investing along with Gautam's The Joys of Compounding.
3 - Develop a robust repository of sources from which you can generate investment ideas.

Here are the ones @Gautam__Baid uses.

It is a super-comprehensive list.
4 - Focus on the process as opposed to the outcomes. This is very important.

Developing a superior process leads to the repeatability of exceptional outcomes.
5 - Build a powerful investment framework where you can combine different metrics and processes while integrating what you have learned from your own experience into it.

Example - @Gautam__Baid's multi-pronged approach to idea generation and validation.
6 - Avoiding a few basic red flags can go a long way.

Here is @Gautam__Baid's list of things to avoid.
7 - Analysing a company's management is one of the most important things one needs to do as an investor.

Here is @Gautam__Baid's checklist that makes this job a bit more process-driven and easier to execute.

https://t.co/ROZ6k8DTy8

More from Wise investing

You May Also Like